Sheridan Political Consultants management has decided to discontinue all of the firm's business operations. The firm has total debt of $7.00 million, and the liquidation value of its assets is $11.50 million. If the book value of the firm's equity is $5.75 million, then what will be the amount of the liquidating dividend when the firm liquidates all of its assets? (Round answer to 2 decimal places, e.g. 15.25.)

Dividend to shareholders

$enter the dividend to shareholders in millions of dollars rounded to 2 decimal places

million